Oil prices rise after Saudi warns short-sellers BENGALURU: Oil prices rose on Tuesday on a tighter gasoline market outlook and a warning from the Saudi energy... Published 24 May, 2023 05:57am
Markets Oil rebounds on fading risk of US debt default LONDON: Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously... Updated 19 May, 2023 03:36pm
Markets Saudi Arabia crude exports edge higher in March Saudi Arabia’s crude oil exports rose marginally in March from the previous month, data from the Joint Organisations... Published 18 May, 2023 08:04pm
Markets Oil dips on weaker China, US economic data NEW YORK: Oil futures dipped on Tuesday as weaker-than-expected economic data in China and the United States offset ... Published 17 May, 2023 06:22am
Markets Asia gasoline crack rises, naphtha at over 4-month low NEW DELHI: Asia’s gasoline market extended gains on Monday amid expectations of firm summer season demand. The... Published 16 May, 2023 03:23am
Markets Oil prices slip 1%, US jobless data and debt-ceiling talks weigh NEW YORK: Oil prices slid about 1% on Thursday as a political standoff over the US debt ceiling stoked recession... Updated 11 May, 2023 09:01pm
Markets Oil eases on lackluster Chinese import data, U.S. economy woes HOUSTON: Oil prices fell on Tuesday, retreating from strong gains of the previous two sessions due to lackluster... Updated 09 May, 2023 09:22pm
Markets Oil lower ahead of expected Fed rate hikes NEW YORK: Oil prices fell 4% on Wednesday, extending steep losses from the previous session, as investors fretted... Published 04 May, 2023 04:26am
Markets Asia’s gasoline markets end month with loss NEW DELHI: Asia’s gasoline markets weakened by nearly 41% in April amid concerns over high supplies from China... Published 30 Apr, 2023 05:10am
Markets Oil heads for another monthly decline as weak US data weighs LONDON: Oil prices were heading for another monthly decline on Friday after disappointing US economic data and... Updated 28 Apr, 2023 03:10pm
Markets Oil prices stabilise after hefty losses NEW YORK: Oil prices steadied on Thursday after the previous day’s price drop on worries about a possible ... Published 28 Apr, 2023 06:08am
Markets Oil slides as recession fears outweigh large US inventory drop NEW YORK: Oil prices extended the previous session’s sharp losses on Wednesday, even after a report showed US ... Published 27 Apr, 2023 06:24am
Markets Oil slides as recession fears outweigh large US inventory draw NEW YORK: Oil prices slipped on Wednesday, extending sharp losses from the previous session, even after a report... Updated 26 Apr, 2023 08:32pm
Markets Oil slides as interest rate expectations eclipse Chinese data LONDON: Oil prices dropped sharply on Wednesday as potential U.S. interest rate hikes that could slow growth and... Updated 19 Apr, 2023 08:29pm
Markets Oil prices steady as China data offset US rate worries HOUSTON: Oil prices held steady on Tuesday as upbeat economic data in No. 2 oil consumer China offset wider concerns... Published 19 Apr, 2023 06:36am
Markets Oil slips on economy worries, despite upbeat China data LONDON: Oil fell for a second day on Tuesday as upbeat Chinese economic data failed to deflect the focus from a... Updated 18 Apr, 2023 05:24pm
Markets Oil drops 2pc on higher dollar, rate concerns NEW YORK: Oil prices turned lower on Monday as the US dollar strengthened and as investors mulled over a possible ... Published 18 Apr, 2023 06:21am
Markets Indian rupee declines as dollar jumps on Fed policy reassessment MUMBAI: The Indian rupee weakened against the greenback on Monday as oil prices rose and a resurgent dollar index... Published 17 Apr, 2023 11:05am
Markets Gasoline crack falls NEW DELHI: Asia’s gasoline refining margin dropped to its lowest in nearly a month on Wednesday as US stocks... Published 13 Apr, 2023 06:37am
Markets Oil rises 2pc on lower-than-expected US inflation data HOUSTON: Oil prices rose 2 percent on Wednesday as cooling US inflation data spurred hopes that the Federal Reserve... Published 13 Apr, 2023 06:37am
Markets Oil leaps $4/bbl as OPEC+ surprises by cutting output target BENGALURU: Oil prices jumped by more than $4 a barrel on Monday, headed for its biggest daily rise in nearly a year... Updated 03 Apr, 2023 10:13pm
Markets Oil rises over 1pc on Iraqi supply risks NEW YORK: Oil prices rose more than 1 percent on Thursday, supported by lower US crude stockpiles and a halt to... Published 31 Mar, 2023 06:45am
Markets Oil dips amid choppy trading; markets debate supply tightness HOUSTON: Oil ticked down on Wednesday in choppy trading as investors looked to pocket profits from two straight days... Published 30 Mar, 2023 06:35am
Markets Oil edges higher as markets debate supply tightness HOUSTON: Oil edged slightly higher on Wednesday as worries of tight supply after an unexpected draw in U.S. oil... Updated 29 Mar, 2023 09:31pm
Markets Oil extends gains on Kurdish supply risks, banking relief LONDON: Crude prices firmed on Tuesday, extending sharp gains from the previous session amid supply disruption risks... Updated 28 Mar, 2023 04:47pm
Markets Oil settles down on worries over banks, US crude reserve NEW YORK: Oil prices settled lower on Friday as European banking shares fell and after US Energy Secretary Jennifer... Published 27 Mar, 2023 06:15am
Markets Oil prices rebound after hitting lowest since 2021 on banking fears NEW YORK: Oil prices bounced up on Monday in volatile trade after diving to their lowest levels in 15 months as the... Published 21 Mar, 2023 06:29am
Markets Oil prices settle down, post big weekly losses on banking fears NEW YORK: Oil prices settled lower Friday, reversing early gains of more than $1 a barrel as banking sector fears... Published 20 Mar, 2023 06:12am
Markets Oil extends losses as rate hike concerns spur sell-off HOUSTON: Oil prices traded lower on Wednesday, extending losses after US government data pointed to weak demand,... Published 09 Mar, 2023 06:23am
Markets Oil gains as Russian output cuts offset rising U.S. inventories LONDON: Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset... Updated 24 Feb, 2023 06:27pm